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Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 3 1 appear below. The company did not issue any new

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Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below.
The company did not issue any new common stock during the year. A total of 700,000 shares of common stock were outstanding. The
interest rate on the bond payable was 10%, the income tax rate was 40%, and the dividend per share of common stock was $0.75 last
year and $0.40 this year. The market value of the company's common stock at the end of this year was $27. All of the company's sales
are on account.
Required:
Compute the following financial data for this year:
Accounts receivable turnover. (Assume that all sales are on account.)(Round your answer to 2 decimal places.)
Average collection period. (Use 365 days in a year. Round your intermediate calculations and final answer to 2 decimal places.)
Inventory turnover. (Round your answer to 2 decimal places.)
Average sale period. (Use 365 days in a year. Round your intermediate calculations and final answer to 2 decimal places.)
Operating cycle. (Round your intermediate calculations and final answer to 2 decimal places.)
Total asset turnover. (Round your answer to 2 decimal places.)
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